Housing transactions ‘show no sign of Brexit slowdown’

UK residential transactions maintained their annual level of 1.2m last year, data from HMRC reveals. The total seasonally-adjusted transactions, seen by analysts as an indication of home buys, fell by just 2% in the 2018 calendar year. The total was bolstered by a strong end to the year, with transactions in both November and December overtaking 2017 totals, outpacing analyst expectations. In December there were 102,330 residential transactions, up by 3.6% on the previous year.

Stronger than expected

Residential analyst Neal Hudson said: “It was stronger than expected and it will be interesting to see if that can continue into